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Thursday 23 April 2015
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Rallying Stocks: Patterson-UTI Energy, (NASDAQ:PTEN), First Solar, (NASDAQ:FSLR), Netflix, (NASDAQ:NFLX), Nordic American Tanker (NYSE:NAT)

On Tuesday, Following Stocks were among the “Top 100 Gainers” In U.S. Stock Exchange: Patterson-UTI Energy, (NASDAQ:PTEN), First Solar, (NASDAQ:FSLR), Netflix, (NASDAQ:NFLX), Nordic American Tanker (NYSE:NAT)

Formerly On March 18, 2015 Patterson-UTI Energy, Inc. (NASDAQ:PTEN) disclosed that the Corporation has reached a $200 million senior unsecured term loan contract with a group of financial institutions led by Wells Fargo Bank, N.A. The maturity date of the term loan facility is September 27, 2017, which is the same maturity date as the Corporation’s principal credit contract.

Patterson-UTI Energy, Inc. (NASDAQ:PTEN) rose 3.24%, and closed at $18.79. The stock has the beta value of 1.52, and its volatility for the week is 5.45%, while for the month it is 4.96%. The company has the market capitalization of $2.67 billion. The company holds the book value per share of 20.29, whereas cash per share is 0.29. Price to book ratio remained 0.93, while price to sale ratio is 0.86. Analysts mean recommendation for the stock is said to be 2.30 (where 1=Buy, 5=sale).

Patterson-UTI Energy, Inc. (PTEN) along with its auxiliaries, offers onshore contract drilling services to major and independent oil and natural gas operators in the United States and Canada.

Formerly On March 10, 2015 First Solar, Inc. (NASDAQ:FSLR) and SunPower Corp. (SPWR) uncovered recently that 8point3 Energy Partners LP (8point3 Energy Partners), a limited partnership formed by First Solar and SunPower to own and operate a portfolio of selected solar generation assets, has filed a Registration Statement on Form S-1 (the Registration Statement) with the Securities and Exchange Commission (the SEC) for an initial public offering (the IPO) of Class A shares representing limited partner interests in 8point3 Energy Partners (the shares).

First Solar, Inc. (NASDAQ:FSLR) enhanced 3.19%, and closed at $62.51. The company holds the market capitalization of $6.08 billion. For the last twelve months, the stock was able to keep return on equity at 8.30%, while return on assets at 6.10%, in response to its return on investment at 7.50%. Its 20-day moving average gained 4.06%, below 50-day moving average of 22.24%, above 200-day moving average of 8.65% from the latest market price of $60.58. The mean recommendation of analysts for this stock is 2.40. (Where 1=Buy, 5=Sale).

First Solar, Inc. (FSLR) offers solar energy solutions worldwide. The corporation operates through two segments, Components and Systems. The Components segment designs, manufactures, and sells solar modules that convert sunlight into electricity. This segment manufactures cadmium telluride and crystalline silicon modules for project developers and system integrators, in addition to owners and operators of photovoltaic (PV) solar power systems.

Netflix, Inc. (NASDAQ:NFLX) inclined 3.12%, and closed at $438.28. The company has the market capitalization of $26.52 billion. The beta value of the stock is 0.96. On the other hand the stock’s volatility for the week is 1.99%, and for the month is 2.19%. The stock’s price to book ratio is $14.23, however price to sale ratio is $4.82. Analyst’s mean recommendation regarding this stock is 2.50. (Where 1=Buy, 5=Sale).

Netflix, Inc. (NFLX) an Internet television network, holds in the Internet delivery of TV shows and movies directly on TVs, computers, and mobile devices in the United States and internationally. The corporation operates in three segments: Domestic Streaming, International Streaming, and Domestic DVD.

Nordic American Tanker Ltd (NYSE:NAT)’s shares picked up 3.08%, and closed at $11.73. The stock volatility for the week is 4.06%, while for the month remained 2.62%. The company holds consensus target price of $11.89.

If we consider EPS growth of the company, then the company indicated the following observations:

The company showed -0.44 diluted EPS growth for trailing twelve months. However, YTD EPS growth remained -18.00% and Annual EPS growth for the past 5 years is considered as -19.70%.

The mean recommendation of analysts for this stock is 2.20. (Where 1=Buy, 5=Sale).

Nordic American Tanker Ltd (NAT) a tanker corporation, is involved in acquiring and chartering double-hull tankers. As of May 31, 2014, it had a fleet of 22 Suezmax vessels. The corporation was founded in 1995 and is headquartered in Hamilton, Bermuda.

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Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.

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